Huge Parcel of Land on The Edge of Ballarat Zoned Rural Living
This large parcel on 2 titles of approximately 45 hectares (111 acres) near the corner of Midland Hwy and Colac-Ballarat Rd in Magpie (on the outskirts of Ballarat) presents boundless opportunities to a forward thinking investor/buyer. A beautiful block on banks of the Yarrowee River, they've been used for grazing by the owner. Town water is connected to one of the titles and there are no dwellings or other services on the property at the moment, but the Rural Living Zoning suggests there are some great options to explore around subdivision subject to approval. Close to Ballarat and Buninyong and with Geelong and Torquay are just over an hour away the positioning is extremely appealing.
For Sale by Expressions of Interest close at 4pm on Friday 20th August (unless sold earlier). Contact PRD Buninyong for a copy of the Vendor Statement.
median house price725000
median house rent450
suburb rental yield3.2%
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.